02 May 2014
an assessee lives and owns a house property in City A. He also owns one more flat in City A whcih is given on rent.
he also holds a flat in City B which was also given on rental basis.The same is sold by him in this financial year and intends to buy two more flats in city B
is capital gain applicable to him or can he claim exemption under 54?
CAclubindia
